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Hi Glen and CP52.
Well spotted story Glen. Someone clearly thinks that the future is in gold!
They are probably right, as after governments around the world are printing more money than there is paper or plastic to print on to keep the financial world afloat. Gold might then be the only investment left!!!
Happy Easter to all here, R.
Evenin' all.
This board remains refreshingly free from ramping nonsense but in terms of possible upside .....WOW!!.LOOK AT THIS:
https://www.kitco.com/news/2020-04-08/-20-000-gold-price-Franco-Nevada-chairman-makes-the-case.html
It looks like some countries are at least pencilling in dates when they hope to begin to make plans to end their respective lockdowns.
Yayay, surely not the son of the last martyr of the Old Testament reaching from the garden in the City?
Now, we have April trades and February trades, but no March trades. I reckon all this back to the future stuff could be a ruse, from the grave, by ol' John Zachary to offload some of his surplus stock during the lockdown.
Evening,
RM, I do hope Boris recovers , he's needed.
RH, congratulations on your latest addition.
Baz, fit and well I hope? Happy birthday if RH is correct.
Keep well all. Coffin dodging is the only the game in town.
Regards.
Thank you Dr RM for observing the time-warp I missed.
Happy Birthday to Baz about this date if my memory is correct. Hope that you and yours are well in isolation.
If that makes you feel old, then I'm ahead of you, as today my eldest Grand-daughter made me a great-grandfather for the second time!!!
Happy days, R.
Thanks for that info, CP52. Clearly my isolation musing is wide of the mark and would require too much work to start up. SG will need to concentrate on the tasks in hand............as soon as they are able!
Talking of upsides, the SP here is 62p, but unfortunately seems to be 49p (still up 2.5p) on other websites! LSE needing a new abacus perhaps?
Regards, R.
Hi CP52.
With the PoG trend boosting future potential, is there anything else that might help?
Hopefully RC & Co are striving to take advantage of government schemes to pay 80% of wages and loans to help keep businesses going, but is there another chance to avoid any need of any more funding to finish our delayed construction?
Is the BTP kit still in the old process shed and is it serviceable? If 'care and maintenance' could include safely readying it, then when SG can restart, both it and development ore production (including the heap we have now) could be working within days and produce a revenue stream until the new process plant reaches start-up. From my 2016 and 2017 visits, the BTP only seemed to have 2 or 3 operators. I don't recall the finances of the BTP that may have only covered the costs of running it, but back then the PoG was only £850 to £100o/oz and as you point out, it is now far higher, so that the BTP might just make a few bob! Just a thought in my isolation, but what do you reckon?
Regards and stay safe, R.